Private Banks, Energy and IT offer value in subdued market: Mark Matthews
Mark Matthews of Julius Baer highlights silver’s fundamental strength driven by industrial and defense demand, while gold’s support comes from Indian household wealth. He anticipates foreign investors returning to India next year, with a stronger rupee expected. Matthews favors private banks, NBFCs, energy, engineering, and IT sectors for long-term growth.
India valuations fair, earnings key to upside over next 12 months: Mark Matthews
Indian equity markets are poised for steady, healthy growth, driven by the gradual payoff of fiscal and monetary stimulus. While global markets face volatility, India’s lack of an AI boom may position it as a favored diversification destination for cyclical exposure. Expect earnings-led returns rather than valuation rerating.
Santosh Rao sees market rotation, not a Santa rally at year-end
US President Trump’s optimistic inflation comments contrast with consumer affordability concerns. While markets anticipate policy support and potential Fed easing, a stagflationary scenario remains a risk. Looking ahead to 2026, fiscal incentives and political compulsions are expected to drive economic momentum.
TER clarity a welcome step, but India’s MF industry still far from scale: Feroze Azeez
SEBI’s move to unbundle statutory levies from mutual fund TER aims for transparency, but Feroze Azeez of Anand Rathi Wealth cautions against excessive cost tinkering. He believes structural clarity is welcome, but drastic cost cuts could harm the thin-margin business and investor outcomes, advocating for scale over penny-wise reductions.
Dubai, Abu Dhabi are emerging as global wealth hubs for Indians: Savills India CEO Anurag Mathur
Dubai and Abu Dhabi are emerging as prime global wealth hubs for Indians, attracting high-net-worth individuals with their favourable tax regimes, robust business environments, and high-quality lifestyle. Seamless connectivity, a strong Indian diaspora, and attractive residency pathways like the Golden Visa are key drivers for this migration and investment trend.
Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?
Meesho shares have surged to a new record high, gaining 110% since their IPO. The company’s market capitalization now exceeds Rs 1 lakh crore. International brokerage UBS initiated coverage with a Buy rating, predicting strong growth in Net Merchandise Value. This rally follows a successful IPO that saw significant demand from investors.
Gold, silver ease as investors book profits
Fed Governor Christopher Waller, on the short list to succeed Chair Jerome Powell next year and scheduled to be interviewed for the job by U.S. President Donald Trump later in the day, said he would “absolutely” defend the central bank’s independence if it were challenged.
Dr. Lal PathLabs shares turn ex-bonus tomorrow for 1:1 issue, last day to buy for eligibility
As per the corporate filings, the company will issue one fully paid-up bonus equity share of face value Rs 10 for every one existing fully paid-up equity share of Rs 10 held by shareholders as on the record date.
HRS Aluglaze shares to list today. Check GMP ahead of debut
The Rs 51 crore book-built IPO was subscribed 44.83 times overall, driven by strong demand from non-institutional and retail investors
Tata Power set to tap market with Rs 2,000-cr bond issue
Tata Power is set to raise ₹2,000 crore through a bond sale. This funding will support debt refinancing, renewable energy investments, and general corporate needs. The company will issue two securities, raising ₹1,000 crore each in three and five-year non-convertible bonds. This move marks Tata Power’s return to the bond market after over two years.